Southern Africa

Netflix, due to licensing and privacy law challenges might not feature ads in upcoming ad-supported subscription for all content at least for now. Bloomberg reports that the streaming service told its partners …

Sasol, South Africa’s second-biggest greenhouse gas emitter, sees carbon taxes posing a “significant risk” to its business and warned current proposals could cause it to curtail operations and green initiatives. …

Shoprite Holdings, Africa’s largest food retail group has secured R3.5 billion from the country’s largest banks to further invest in various environmental and renewable-energy linked projects. The JSE-listed group on …

MTN and Telkom on Monday, confirmed that they are still in takeover negotiations. Previously, the companies said their negotiations were “at an early stage” and that there was “no certainty the transaction …

The Zambian minister of Commerce and Industry, Mr. Chipoka Mulenga, has sought the assistance of the president, Dangote Group, Aliko Dangote in the development of his country’s agricultural sector. Mulenga, …

GCF, Green Climate Fund, has so far given $100 million funding to Rwanda for urgently needed climate action, according to Yannick Glemarec, the fund’s Executive Director. GCF is the world’s …

Blue Label Telecoms’ decision to buy Cell C has destroyed billions in shareholder value, but it has not deterred the company from pumping more money into the mobile operator. Blue …

Takealot Group CEO Mamongae Mahlare says the potential launch of an Amazon marketplace in South Africa in 2023 is a “compliment” to Takealot and its customers. In an interview with …

Eskom has warned that a cold front passing over the country and the shutdown of Koeberg Unit 2 could worsen its generating capacity constraints and require load-shedding to be implemented …

Spur Corporation’s revenue over the past year jumped by 33% to R2.3 billion, while sales at its franchise restaurants grew by 28% now slightly ahead of its 2019 pre-pandemic performance. …